A married couple filing jointly with a taxable income of $295,000 and a $6000 tax credit

The tax code is

mathxl.com mat142 26758 Test: Module 6A Test This Question: 1 pt 9 of 20 (17 complete) Use the 2016 marginal tax rates to compute the tax owed by the following couple. A married couple filing jointly with a taxable income of $295,000 and a $6000 tax credit Click the icon to view the 2016 marginal tax rates. The tax owed is $[ (Type an integer or a decimal. Round to the nearest cent as needed.) M 2 12 0 ok ce mi vh Ese mp Enter your answer in the answer box. mp A tv 1 23 Hule 6A Test Time Remaining: 01:07:27 S pt 9 of 20 (17 complete) This Test: 20 pts 2016 Marginal Tax Rates 2016 Marginal Tax Rates, Standard Deductions, and Exemptions Unmarried, divorced, Married and each partner Married and both Unmarried and paying or legally separated files a separate tax return partners file a single more than half the cost tax return of supporting a child or parent Tax Rate Single Married Filing Separately Married Filing Jointly Head of Household 10% up to $9275 up to $9275 up to $18.550 up to $13,250 15% $9278 to $37,650 $9276 to $37,650 $18,551 to $75,300 $13,251 to $50,400 25% $37,651 to $91,150 $37,651 to $75,950 $75,301 to $151,900 $50,401 to $130,150 28% $91,151 to $190,150 $75.951 to $115.725 $151,901 to $231,450 $130,151 to $210,800 33% $190,151 to $413,350 $115,726 to $206,675 $231,451 to $413 350 $210,801 to $413,350 35% $413,351 to $415,050 $206,676 to $233.475 $413,351 to $466,950 $413,351 to $441,000 39.6% more than $415,050 more than $233.475 more than $466,950 more than $441,000 Standard $6300 $6300 $12.600 $9300 Deduction Exemptions (per $4050 $4050 $4050 $4050 person) Print Done 23 ty A DD 4) od F7 Dill F8 FS F6 19 F10 12 3 + 6 & 7 ( 9 ) 0 8 del T { } Y II n D